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CORPORATIONS REGULATIONS 2001 - REG 7.11.12 Sufficient transfer of Division 3 assets: licensed trustee company or Public Trustee of a State or Territory

CORPORATIONS REGULATIONS 2001 - REG 7.11.12

Sufficient transfer of Division 3 assets: licensed trustee company or Public Trustee of a State or Territory

  (1)   This regulation applies to the transfer of Division   3 assets, otherwise than by way of sale, gift or exchange, by:

  (a)   a licensed trustee company; or

  (b)   a Public Trustee of a State or Territory; or

  (c)   a company mentioned in Schedule   9;

whether alone or together with any other person or persons, to the beneficial owner of the Division   3 assets.

  (2)   A document is a sufficient transfer of the Division   3 assets if it:

  (a)   relates to those assets; and

  (b)   is completed in accordance with Form 9.

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